Tag Archives: Anadolu Agency

Oil prices edged higher on Monday as output disruptions in Libya and planned shutdowns in Norway offset concerns that an economic slowdown would dampen demand. International benchmark Brent crude was trading at $111.92 per barrel at 0705 GMT for a 0.26% increase after the previous session closed at $111.63 a …

Iran has received $1.6 billion in arrears from the Iraqi government for imports of natural gas, Oil Minister Javad Owji announced late Wednesday. In a Twitter post, Owji said the debt from previous years was received “a few hours ago” following “several months of negotiations” between the two sides, crediting …

A key meeting of North Korea’s ruling Workers Party is underway amid speculation of Pyongyang preparing for a nuclear test. The top huddle, which convened on Wednesday, is being presided by North Korean leader Kim Jong Un, with the participation of key officials of the party and ministries, Korean Central …

The volume of natural gas from Russian gas giant Gazprom destined for Europe via Ukraine will decrease 25% on Monday compared to the quantity the previous day, Gazprom’s spokesman Sergey Kupriyanov confirmed. “Gazprom will supply 46.8 million cubic meters of natural gas via Ukraine on May 15 (Monday),” Kupriyanov said, …

Greece has vowed to help neighboring Bulgaria after Russia decided to cut off its gas supply. Prime Minister Kyriakos Mitsotakis spoke to his Bulgarian counterpart Kiril Petkov over the phone on Wednesday morning, according to a statement from his office. “During their discussion, the prime minister stated that Greece will …

A group of lawmakers from all political groups in the European Parliament has urged Germany to impose an embargo on Russian energy imports amid rumors that the EU would slap its sixth sanctions package later this week, according to a news report on Monday. In a letter dated Saturday and …

Algeria will continue gas supply to Spain despite a diplomatic row with Madrid over Western Sahara, the country’s president said on Saturday. “We assure the Spanish friends, the Spanish people that Algeria will never abandon its commitment to supply Spain with gas under any circumstances,” Tebboune said in an interview …

Europe’s biggest solar power plant, the under-construction Karapinar plant in Konya in south-central Turkey, is poised to be fully operational by the end of 2022, Cemal Kalyoncu, the chairman of Kalyon Holding, the company responsible for the project, said on Monday. The current installed capacity of the power plant is …

Libya’s National Oil Corporation (NOC) on Sunday declared force majeure on oil exports from the El-Feel oilfield in the country’s southwest. In a statement, the state-owned company said oil production was halted until further notice after a group of people entered the facility and prevented employees from working. It did …

As tensions persist over stable energy supplies due to the Russia-Ukraine war, Japan said on Thursday it will release oil from its state reserves. Prime Minister Fumio Kishida announced the release of at least 15 million barrels from its state reserves, Kyodo News reported. The announcement came amid disruptions in …